|About 800 thousand university students in need of financial
aid are expected to receive loans to support their studies
According to statistics, 147,000 students took out
loans last year, representing a total of 1.6 billion
yuan, or about 200 million US dollars.
Meanwhile, more than 115 universities signed contracts
with banks to offer the loans.
It's estimated that more than four billion Yuan, or
about 500 million US dollars, will be offered to help
students this year.